LADR ladder mark

LADR

Up a rung
or down a rung.
Every 24 hours.

LADR is a token that climbs a ladder of stocks. Once a day its price is checked against one tokenized stock. Beat it and every balance grows and the target steps up. Miss it and balances shrink and the target steps down.

Read the rules
The ladder will adjust.
Chairman Basil Pointe pointing up the ladder

How an epoch works four panels, no fine print

1. An epoch runs 24 hours. LADR trades freely. A time-weighted average near the close sets the price.
Pointe reading the day's statement
2. At the close, LADR's price is compared to the target stock's price divided by 1,000.
LADR
3. Everyone rebases. Every balance moves by the same percentage. Your share of supply never changes.
Pointe shrugging as balances change
4. The target moves. Up a rung after a rebase, down a rung after a debase. Then it starts again.
Thwack!
Pointe striking the gavel

Today's epoch live from the lectern

Loading epoch…

Your stack connect to trade

Letters to the Chairman answered personally, briefly

what is LADR in one sentence?

A token that tries to climb a ladder of stock prices, one rung every 24 hours.

— B. P.

what actually happens to my tokens?

Your balance changes by the epoch's deviation. Same percentage for every holder, so nobody's share of the supply moves. Only the number does.

— B. P.

is there a tax when I trade?

No. Next question.

— B. P.

what happens at the top of the ladder?

You stay on the top rung until you miss. I have never seen it. I remain data-dependent.

— B. P.